Production report for May 2023
12 Junio 2023 - 1:49PM
Production report for May 2023
Oslo, 12 June 2023
|
April 2023 |
May 2023 |
Operated |
Boepd (1) |
Bopd (2) |
Boepd (1) |
Bopd (2) |
Colombia |
745 |
525 |
735 |
510 |
Argentina |
1,591 |
194 |
1,793 |
253 |
Total operated |
2,336 |
719 |
2,528 |
763 |
Total equity |
601 |
352 |
1,464 |
465 |
(1) Barrels of oil equivalents per day
(includes liquid and gas)(2) Barrels of oil per
day (represents only liquids)
[boepd]: barrels of oil equivalents per day (includes liquid and
gas)[Operated]: 100% field production operated by
Interoil[Equity] :
Interoil’s share production net of royalties.
Comments
In May 2023, Interoil’s average daily operated production
increased by 192 boepd compared to the previous month, where most
of the additional production comes from the Argentinean operation
where the austral winter issues where solved.
In Argentina, there is still some lost production, around 55
boepd, mostly from the Santa Cruz gas associated fields, where some
gas compression spare-parts are still pending in the operation
causing most of the lost production after an early arrival of a
mild winter with strong winds. Interoil is working hard to provide
the required compression spare parts to recover the remaining lost
production. In relation to MMO, it should be mentioned
that operations have reassumed, and oil storage is being sold
domestically prior to start streaming production from the currently
shut-in wells.
In Colombia, Puli C production experience a slight increase of 5
boepd as operations were reassumed after the community restrictions
experience through April. In the Llanos area, Vikingo production
flows decreased by 9.5 boepd following its natural depletion rate.
The exploration campaign in Altair and LLA-47 blocks remains on
hold pending approval from local authorities. Conversations with
the ANH concerning the formal approval is still on hold waiting for
the new authorities to take position.
Additional information
Further details about production performance are shown in the
document attached. The two graphs and tables show operated and
equity production of oil and gas respectively and by country.
Operated production is defined as total output from fields operated
by Interoil. Equity production is Interoil’s share of production
net of royalties.
This information is subject to the disclosure requirements
pursuant to section 5 -12 of the Norwegian Securities Trading
Act.
***************************
Please direct any further questions to ir@interoil.noInteroil
Exploration and Production ASA is a Norwegian based exploration and
production company - listed on the Oslo Stock Exchange with focus
on Latin America. The Company is operator and license holder of
several production and exploration assets in Colombia and Argentina
with headquarter in Oslo.
- Interoil May 2023 Detailed production report
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